3 replies to this topic

[hiker]

IWM

Edited by hiker, 21 September 2007 - 01:18 PM.

[ogm]

Speaking of IWM.... Next week is End of Quarter. I wonder how the underinvested fund managers are going to catch up to the market ? As a side note... how many people will be caught off-guard if IWM gaps up on Monday and makes a huge island reversal on the daily ?

Edited by ogm, 21 September 2007 - 01:33 PM.

[hiker]

good point, OGM...it would be huge! 1525.19 SPX may be worth buying here if tight stop...it is 38% retrace of a recent move..risk to 1522 min. 1523.9 is 50% retrace

Edited by hiker, 21 September 2007 - 01:44 PM.

[ogm]

Lets see how it closes. So far looks like a consolidation pattern to me.